As Coronavirus Spreads, the Gulf’s Economic Prognosis Is Not Healthy

March 11, 2020

As COVID-19 continues to impact markets and national and global economies, it is worthwhile noting that Gulf economies were already slowing before the virus hit the region. A comprehensive assessment by London-based Capital Economics, released on February 25 but based on statistics up to...

Why Is a US Company Helping Saudi Arabia Solve Its Housing Crisis?

January 28, 2020

While Saudi Arabia powers forward on mega projects favored by Crown Prince Mohammed bin Salman, the push to build more than 1 million affordable homes for the kingdom has had its struggles. The housing minister, Majid al-Hogail, outlined some of the difficulties in an interview in...

Saudi Aramco IPO Stalls

September 24, 2018

Mohammed bin Salman's reputation as someone the world can do business with has suffered significant damage. When then-deputy crown prince and now crown prince of Saudi Arabia, Mohammed bin Salman, or MBS as he is known, mused in early 2016 that he believed it was “in the interest of the...